Search For "global recession"
Rising probability that large parts of world will slip into recession due
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the
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Airlines may suffer $252 billion revenue loss due to COVID-19
Updated : 5 years, 11 months ago IST
Geneva [Switzerland], Mar 25 (ANI): The International Air Transport Association (IATA) has updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry.
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Coronavirus-triggered recession may be worse than 2008 meltdown: IMF
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], Mar 24 (ANI): The International Monetary Fund (IMF) expects that the coronavirus pandemic will cause a global recession in 2020 that will be as bad as 2008 financial crisis, IMF Managing Director Kristalina Georgieva said on Monday.
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Morgan Stanley, Goldman Sachs say global recession is here
Updated : 5 years, 12 months ago IST
New York [USA], Mar 18 (ANI): Economists from Morgan Stanley and Goldman Sachs now believe that novel coronavirus (COVID-19) is pushing the global economy into recession.
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Despite recession, BRICS nations contribute to half of global economic dev
Updated : 6 years, 4 months ago IST
Brasilia [Brazil], Nov 14 (ANI): Prime Minister Narendra Modi on Wednesday (local time) said despite a global recession, member nations of the BRICS forum, including Brazil, Russia, India, China, and South Africa, contribute to almost half of the world's economic development.
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Equities flat in lacklustre trading, metal stocks lose shine
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 21 (ANI): Equity indices were flat during early hours on Wednesday tracking global cues but auto stocks showed some gains.
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Fitch slashes India growth forecast from 7 pc to 6.8 pc
Updated : 6 years, 11 months ago IST
New Delhi [India], Mar 22 (ANI): Global rating agency Fitch has cut its India's economic growth forecast to 6.8 per cent for 2019-20 from the earlier estimate of 7 per cent due to weak momentum in manufacturing and agriculture.
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